It has been a hyperactive five years for the Global Sugar Manufacturing industry; sugar refiners and mills around the globe have had to contend with massive fluctuations in global sugar prices. Increasing diversion of sugar stocks for ethanol production and adverse weather conditions caused instability in the sugar stocks-to-use ratio, which in turn caused the world price of sugar to experience intense volatility during the past five years. In all, industry revenue is anticipated to decrease at an annualized 3.7% over the five-year period; in 2015, as the price of sugar is anticipated to continue decreasing, industry revenue is forecast to grow just 1.3%, to reach $70.0 billion.
Companies in the industry manufacture raw sugar, liquid sugar, refined sugar and molasses. Sugar and molasses can be derived from either giant grass called sugarcane or the root vegetable sugar beet. This raw material is processed into a range of sugar products for industrial and consumer uses. The final products are sold to grocery wholesalers and retailers, organic chemical manufacturers and food manufacturers.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.